Watch for the first put notice to Hudson Global Ventures — the timing and size will signal how aggressively the company taps this facility. Monitor Streeterville's response, as the company has not obtained its consent to the Dune Note or Purchase Agreement, which could trigger a default. The $1.55 stock price trading below the $2.00 put price suggests the line may be unattractive to the investor unless the stock rallies.
Price Chart
Executive Summary
Eva Live Inc. filed a 424B5 prospectus supplement to register up to 5,275,000 shares of common stock for issuance to Hudson Global Ventures LLC under an equity purchase agreement and related warrant. The company may receive up to $10,002,750 in gross proceeds from selling up to 5,000,000 put shares at $2.00 per share and $2,750 from warrant exercise at $0.01 per share. The filing activates a dilutive equity line of credit that could pressure the stock price, especially given the company's existing debt overhang and going-concern risk.
Key Facts
- Up to 5,275,000 shares registered: 5,000,000 put shares under equity purchase agreement + 275,000 warrant shares
- Gross proceeds up to $10,002,750: $10,000,000 from put shares at $2.00/share + $2,750 from warrant exercise at $0.01/share
- Stock price on October 16, 2026 was $1.55 per share, below the $2.00 put share purchase price
- CEO David Boulette beneficially owns ~75.6% of common stock and ~57.5% of voting power
- Company had $2,238,216 cash as of June 30, 2026; pro forma cash after full offering would be $12,140,966
- Outstanding convertible notes total ~$7.3M (Streeterville) + $1.05M (Dune) + $1.39M (1800 Diagonal/Boot Capital)
- Dune Note holder may require 50% of cash proceeds from any source to repay the note
- Immediate dilution of $1.40 per share for investors purchasing at $2.00 (as adjusted net tangible book value $0.60)
- Company is a 'controlled company' with CEO controlling majority voting power
- Going-concern doubt noted in financial statements
Financial Impact
Up to $10,002,750 gross proceeds from equity line, but proceeds may be partially diverted to debt repayment (up to 50% under Dune Note). Immediate dilution of $1.40/share for new investors.
Risk Factors
- Dilution from up to 5,275,000 new shares (13% of current outstanding)
- Streeterville may declare default or seek injunction over unconsented transactions
- Up to 50% of proceeds may be required to repay Dune Note, reducing available working capital
- CEO's supermajority voting control limits minority shareholder influence
- Going-concern risk — company must raise additional capital to continue operations
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001493152-26-047591 |
| Document: 0001493152-26-047591-index-headers.html | 0001493152-26-047591 |
| Document: 0001493152-26-047591-index.html | 0001493152-26-047591 |
| Document: 0001493152-26-047591.txt | 0001493152-26-047591 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | EFFECT | $1.47 | awaiting T+20 | — | $1.01 (+31.12%) |
Oct 19, 2026 7d ago | 8-K | $1.44 | awaiting T+20 | — | $1.01 (+29.69%) |
Oct 19, 2026 7d ago | 424B5 | $1.44 | awaiting T+20 | — | $1.01 (+29.69%) |
Oct 16, 2026 9d ago | S-3 | $1.50 | awaiting T+20 | — | $1.01 (−32.50%) |
Oct 7, 2026 18d ago | 8-K | $1.73 | awaiting T+20 | — | $1.01 (+41.47%) |
Sep 29, 2026 27d ago | Press Release | $1.88 | awaiting T+20 | — | $1.01 (−46.14%) |
Aug 20, 2026 9w ago | 8-K | $2.23 $1.75 | ▲ +21.52% | ▲ +21.00% | $1.01 (+54.60%) |
Aug 11, 2026 10w ago | 8-K | $1.68 $2.93 | ▲ +74.40% | ▲ +76.30% | $1.01 (−39.73%) |
Jul 20, 2026 14w ago | Press Release | $2.36 $1.69 | ▼ −28.39% | ▼ −32.51% | $1.01 (−57.10%) |
Jun 12, 2026 19w ago | 8-K | $2.37 $2.57 | ▲ +8.44% | ▲ +6.66% | $1.01 (−57.28%) |
US Market Status
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